PVH Estimate Expected to Rise

Analysts are generally optimistic about PVH Corp as it prepares to reports its third-quarter earnings on Monday, December 9, 2013. The consensus earnings per share estimate is $2.26 per share.

Over the past month, the consensus estimate has risen from $2.25, but it's below the estimate of $2.35 from three months ago. Analysts are expecting earnings of $7.09 per share for the fiscal year. Revenue is projected to eclipse the year-earlier total of $1.64 billion by 35%, finishing at $2.22 billion for the quarter. For the year, revenue is projected to come in at $8.26 billion.

Revenue rose in the past two quarters. In the second quarter, revenue increased 20% to $1.96 billion from the year earlier quarter.

The majority of analysts (75%) rate PVH as a buy. This compares favorably to the analyst ratings of eight similar companies, which average 66% buys.